First Horizon TD Bank
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TD Bank scraps deal to buy U.S. bank First Horizon, will pay US$200M break feeTD says it reached a mutual agreement with First Horizon to terminate the acquisition because of the uncertainty as to when and if it would be able to obtain regulatory approval.EconomyMay 4, 2023
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TD faces scrutiny over First Horizon Bank takeover ahead of public meetingThe virtual meeting is being convened by the Federal Reserve Board and the U.S. Office of the Comptroller of the Currency, which are reviewing the proposed US$13.4 billion deal.WorldAug 18, 2022
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